Forbes Advisor has compiled this history as a handy guide to the course of the federal funds rate and the Federal Reserve’s monetary policy decisions since 1990. The federal funds rate is the ...
The Federal Reserve’s key borrowing benchmark is currently ... the past can often be a guide. History, for example, shows that the Fed’s goal of “softly landing” the U.S. economy ...
1971: the end of gold-backed money One of the key moments in Federal Reserve history occurred in 1971, when President Richard Nixon ended the gold standard, eliminating the dollar’s ...